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To | British Capital Group |
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Only US$199 |
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Where Is Bahamas?
Located south of Florida, 30 minutes from Miami International Airport and surrounded by the clear and warm waters of the Caribbean, a place where the land emerges from the sea, a shore that becomes a destiny, a destiny that becomes passion. "Close your eyes and imagine a perfect scene. The sky is the deepest blue and the crystal clear waters of Caribbean Sea glisten in the sunlight about you. The gentlest of breezes brings with it the sweet, fresh air of nature and your eyes are soothed by the rich green shades of the native bush on the shore. Silence is filled only with the song of birds and the lapping of the ocean against the shore line." |
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Why The Bahamas?
You will find no better country for your financial investments than The Islands Of The Bahamas. The country does not levy taxes on capital gains, corporate earnings, personal income, sales, inheritance or dividends. This tax freedom is available to all resident corporations, partnerships, individuals and trusts. In addition, corporations find that the investment-friendly policies and laws, as well as the stable economy, make The Islands Of The Bahamas an ideal place to establish a business. With the Bahamas stable free-market oriented government, and excellent income tax policy--can you say "no income taxes"--the Bahamas is also the perfect place to do business. To make things even better--Bahamian real estate is booming, as thousands of Americans, Europeans, and Asians are discovering that this sub-tropical heaven is the best place to buy their second home. Secrecy There are no specific statutory provisions governing secrecy in relation to companies but English Law, which applies within the jurisdiction, does impose a common law duty on professionals to keep the affairs of their clients confidential. International Business Companies | 
The Bullet Proof Jurisdiction |
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The Bahamas: A World Of Opportunity
The Bahamas Financial Services Board was created to promote the role of The Islands Of The Bahamas in the international financial community. With industries such as banking, trust services, mutual funds, capital markets, accounting, legal and insurance represented -- The Bahamas Financial Services Board oversees the development of these industries within the international financial arena Political and Legal System: The Bahamas is one of the oldest parliamentary democracies in the Western Hemisphere. It has had a continuous Parliament based on the English Westminster model, since 1729. Independence with membership to The British Commonwealth was granted in 1973. The legal system is based on British Common Law and the U.K. Privy Council remains the final Court of Appeal. Bank secrecy is based on U.K. laws and in addition The Banks and Trust Companies Regulation Act, 1965 statutory confidentiality and imposes fines and imprisonment for any breaches. |
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Financial Activity:
The capital and hub of financial activity, which accounts
for 12% of GDP, is situated in the City of Nassau on the Island of New Providence. There
are approximately 430 Banks licensed in The Bahamas with 190 having a physical presence.
More than 40,000 Companies are registered in The Bahamas and about US$55 Billion are
invested in mutual funds registered in The Bahamas.
Currency and Exchange Control:
The Bahamian dollar is pegged to the U.S. Dollar at par. There are Exchange Control
Regulations applicable to residents. However, offshore investors utilizing banking
services, IBC's, trusts, mutual funds and exempt limited partnerships are not subject to exchange control.
Easy of Access:
Demographics: The Bahamas has a population of about 280,000, 180,000 of whom reside on New Providence. English is the national language. A strong force of professionals are available to provide all requisite offshore services. This includes over 400 attorneys and all major accounting firms are well represented. Taxes: There are no personal or corporate income taxes, death duties, inheritance tax, VAT tax or capital gains tax. Stamp duty is chargeable at an ad volorem rate on all real property transactions and a nominal real property tax is charged. | 
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Share Capital, Taxation, License Fees And Compliance Matters
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AUTHORIZED AND ISSUED SHARE CAPITAL:
The normal authorized share capital is US$ 5,000; divided in to 5,000 shares of US$ 1, this being the maximum capital for the minimum duty payable at the time of incorporation and the maximum authorized share capital for the minimum license fee payable annually. The share capital may be expressed in any currency. The minimum issued capital is either two shares of no par value or two shares of par value.
CLASSES OF SHARES PERMITTED: Registered shares, bearer shares, shares of no par value, preference shares, redeemable shares and shares with or without voting rights. BEARER SHARES PERMITTED: Yes. TAXATION: The Bahamas is a PURE TAX HAVEN and has no direct taxation in the form of income tax, capital gains tax, gift tax or inheritance tax. DOUBLE TAXATION AGREEMENTS: The Bahamas is not a party to any double tax treaties.
LICENSE FEES:
Companies with an authorized share capital, with a par value, up to US$ 50,000 pay the sum of US$ 250 per year.
FINANCIAL STATEMENT REQUIREMENTS: Whilst there is no requirement to file audited accounts with the authorities, a company is required to keep financial records which reflect the financial position of a company. Structure Of Management DIRECTORS: The minimum number of directors is one. The directors may be natural persons or bodies corporate. They may be of any nationality and need not be resident in the Bahamas. COMPANY SECRETARY: The Act makes no specific reference to a company secretary, but one is normally appointed to facilitate signing obligations. SHAREHOLDERS: Minimum number of shareholders: two subscribers, but the shares can be transferred to a single person. |
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Mailing, Fax, Telephone And Office Facilities: As part of the domiciliary service fee we provide clients with a registered office address in the country of incorporation but clients may find it convenient to arrange for mail forwarding, fax and telephone facilities through our Switzerland, Cayman Islands, London or other British Capital Group's world-wide offices. This service may be especially useful where, for example, the company is opening bank accounts. Normally the bank would address statements and other correspondence to the company at the address of the client but this results in a loss of confidentiality in that the connection between the company name and the client will be automatically made.
To safeguard against this mail can be directed to our offices and we can re-mail those letters in a plain envelope addressed to the client or otherwise as the client directs. An additional advantage of using our re-mailing services is that the provision of a re-mailing address through one of our prestigiously located offices in the onshore jurisdictions may allow the offshore company to appear to be domiciled on-shore and thereby give that company an added degree if respectability.
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For example, your offshore company could quote British Capital Group London office address on its letterhead and thereby appear to be domiciled in the UK. This procedure is particularly attractive if the Hong Kong address is used as a Hong Kong company is not required to quote its registered office address on its letterhead. Thus if an offshore company were to quote a Hong Kong address it would be indistinguishable from the letterhead, from a normal Hong Kong trading company.The charge for this service is only $275 per annum.
Trust Services: Using a trust to own the shares of an offshore company can result in very substantial tax and non-tax related advantages which will accrue both on death and during the lifetime of the trust settler. These advantages may include: Saving Of Inheritance Tax: On death, the Inheritance tax which would normally be assessed on the value of shares would generally be eradicated. Asset Protection: Assets placed into trust are generally beyond the reach of creditors who might arise as a result of financial difficulties, divorce proceedings, litigation, etc. Avoidance Of Probate: A trust provides a means whereby assets can be smoothly passed on to the next generation without the disruption, delays substantial costs, loss of confidentiality associated with the probate procedure which necessarily follows when assets are bequeathed by will. Continuity: Trusts provide a means whereby assets can continue to be administered in accordance with the wishes of the settlor after his death so the weak can be protected from others and the spend-thrift can be protected from himself. Lifetime Tax Savings: During lifetime, substantial income and capital gains tax advantages may result from setting up the trust. Using the service of one of our licensed trust companies, we are pleased to act as trustee for a suitably drafted discretionary trust and the cost of this service would be from US$500 for setting up the trust deed and from US$500 per annum for the provision of trustee services. |
Offshore; Your Road To Success 
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Other Services:
British Capital Group provides a wide range of administrative and documentary services including, but not limited to legalization and notarizing of documents, credit cards, yacht and ship registration, invoicing, documentary trade services, trade finance applications, accounting, consulting and immigration services.
VIP Package: For one payment US$599 British Capital Group will provide the following:
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The Bahamas; The One And Only 
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Confused?
The average person is frequently confused by the complexity of international tax planning and discouraged by the substantial costs involved in an offshore company formation or registering of a bank or trust in a tax haven. The registration costs and ongoing yearly administration expenses frequently exceed what the average person could save in taxes. British Capital Group has a new program to answer those concerns. We provide the simple, secure, private and low cost answer for the person who is just starting out or the veteran who now understands that simplicity is the essence of genius. Our survey has shown that this solution answers all of the needs for 100% of the persons seeking to go offshore. |
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The program includes bearer shares so that complete anonymity is guaranteed, documentation and support services so that you can open a financial account under your complete control, where and when you wish, and flexibility so that you can change your financial affairs to reflect your future needs.
We trust that we have clarified the intriguing world of Bahamian Offshore Companies Incorporation Programs. We will be happy to answer any questions you may have, relating to this opportunity and provide you with additional details regarding any of our devoted services.
Please click here to write us the full particulars of your situation and what you wish to accomplish. We will review your situation very carefully and offer to you a custom fitted solution. 95% of the time it will be simple to understand and 100% of the time it will be the least expensive alternative.
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If you would like to obtain further details of the legislation
surrounding the formation of a Bahamian Offshore International Business Company or wish to discuss any matter in complete confidence, please
click here
to contact: Mr. Robert Haig British Capital Group Offshore Services |
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| Thank you for your interest and feel free to contact British Capital Group Offshore Services if you believe the formation of an international business company in The Bahamas Islands may be appropriate in your particular situation. Any communication with us is considered PRIVILEGED and CONFIDENTIAL. |
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British Capital Group is in a position to assist new and established clients in opening personal and corporate offshore bank or trust accounts, denominated in almost every currency, in over 125 of offshore jurisdictions world-wide, including:
New Zealand, Australia, Chile, The Dominican Republic, Ireland, Argentina, Belize, Brazil, Spain, Italy, Costa Rica, Venezuela, Uruguay, Prague, Bodrum, The Spanish-Moroccan Tax Havens, The Madeira Tax Haven of Portugal, The Jamaican Free Trade Zones, The Dominican Republic Free Trade Zones, Campione D'Italia, Andorra, Poland, The Eastern Turkish Border and Tbilisi, Mozambique, Guatemala, The Virgin Islands, The Philippine Islands, and Anguilla are just some of the countries and places featured.
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There is only one British Capital Group. Our scope, financial strength, balance, depth of talent and integrity have made us our clients' trusted global advisor. |  |
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